The recent move by Kinder Morgan on the Trans Mountain pipeline was a massive blow to Canada’s investment attractiveness.
oil and gas
Without adequate access to pipelines—the cheaper and safer mode of transportation—there has been a shift to more crude-by-rail.
Price controls led to long lineups and dry tanks at gas stations.
The federal carbon-price scheme raises Alberta’s carbon tax to $50 per tonne by 2022.
The Trump administration has significantly improved the business environment in the U.S.
Last week Kinder Morgan projected that the Trans Mountain pipeline project could be a year behind schedule.
The Trans Mountain pipeline expansion is a gift both to British Columbia and Alberta.
Most survey respondents said disputed land claims and protected areas in B.C. deter investment.
In the last 37 fiscal years, the province has only posted seven budget surpluses.